Harrah’s Announces Casino Plan In Station Square – Plan Features $512 Million Casino
WPXI.com 8:09 pm EST January 23, 2006
PITTSBURGH — On Monday, Harrah’s announced its plan to put a casino in Station Square if it gets the stand-alone slots license.
Harrah’s announced that it is partnering with Forest City Enterprises, the owner of Station Square, to build a mixed-use residential and entertainment community, alongside of the existing Station Square complex.
The $1 billion dollar investment, will feature a $512 million casino, with 3,000 slot machines and over 1,200 condo units.
Future expansion will allow for a 300 to 500 room hotel tower.
“It’s about driving economic development, about driving revenues”, said Brian Ratner, a director of Forrest City Enterprises.
The casino complex could ultimately accommodate over 5,000 slot machines and will create over 10,000 jobs.
Unlike the Isle of Capri deal, recently announced with the Penguins’ ownership, there are no plans to fund a new arena, should Forest City and Harrah’s be awarded a gambling license.
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